JPY
JPY, Market Analysis, Technical Analysis
Japanese Yen holds gains on BoJ’s hawkish tilt
The USD/JPY pair loses ground to near 157.85 during the early European trading hours on Friday. Hawkish hints from Bank of Japan (BoJ) policymakers provide some support to the Japanese Yen (JPY) against the US Dollar (USD). BoJ board member Junko Koeda said on Thursday that the central bank should not become overly cautious about […]
by Currency Hedger
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- 6 hours ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds steady below 177.50, bearish technicals reinforce downside bias
The EUR/JPY cross trades on a flat note around 177.30 during the early European trading hours on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY). Furthermore, hawkish comments from a Bank of Japan (BoJ) policymaker could provide some support to the JPY and act […]
by Currency Hedger
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- 8 hours ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: 157.50 pivotal support holds after Warsh’s remarks
The USD/JPY pair fades an Asian session uptick to the 158.15-158.20 region, sliding back below the 158.00 mark following Federal Reserve (Fed) Chair Kevin Warsh’s opening remarks at the Annual Meetings of the International Monetary Fund and World Bank Group, in Bangkok. In a conversation with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, […]
by Currency Hedger
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- 8 hours ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Strengthens above 177.00, but bearish bias persists below key resistance
The EUR/JPY cross trades in positive territory near 177.10 during the early European trading hours on Thursday. However, the potential upside for the cross might be limited as traders remain on high alert for currency intervention from Japanese authorities. Japanese Finance Minister Satsuki Katayama warned that she was prepared to take action in the currency […]
by Currency Hedger
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- 1 day ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Strengthens Beyond 158 per Dollar as Intervention Warnings Intensify
The Japanese yen has strengthened beyond 158 per US dollar, reaching a one-week high as renewed warnings from Japanese authorities increase the risk of further currency-market intervention. Finance Minister Satsuki Katayama has reiterated that officials are prepared to act again if necessary, while confirming that Washington and Tokyo remain aligned following their joint intervention in […]
by Currency Hedger
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- 1 day ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Gains ground below 177.50, but stays bearish below 100-day SMA
The EUR/JPY cross trades in positive territory around 177.30 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) on a cautious Bank of Japan (BoJ) rate outlook. Traders will closely monitor the speech by European Central Bank (ECB) President Christine Lagarde later in the day. Bloomberg […]
by Currency Hedger
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- 2 days ago
AUD, JPY, Market Analysis
Australian Dollar gains against Japanese Yen as China CPI inflation rises in September
AUD/JPY extends its gains for the second consecutive day, trading around 110.70 during Asian hours on Wednesday. The currency cross holds gains as the Australian Dollar (AUD) remains stronger following the release of Consumer Price Index (CPI) inflation data from China, Australia’s major trading partner. China’s National Bureau of Statistics reported that its annual CPI […]
by Currency Hedger
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- 2 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Awaits 110.00 break as Yen strength validates bearish setup on H4
The AUD/JPY cross comes under some renewed selling pressure on Tuesday and retreats further from the 110.65 resistance zone, retesting the previous day. Spot prices slide to a fresh daily low during the early European session, with bears now awaiting a break below the 110.00 mark before positioning for further losses. Traders remain on high […]
by Currency Hedger
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- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Remains below 177.00 as bearish bias prevails
EUR/JPY loses ground for the second successive day, trading around 176.90 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross retains a bearish near-term bias as it holds below both the 9- and 50-day Exponential […]
by Currency Hedger
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- 3 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Weakens to near 110.50, maintaining negative bias under 100-day SMA
The AUD/JPY cross trades in negative territory around 110.50 during the early European trading hours on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), with trading activity expected to remain subdued due to a national holiday in Japan. Traders remain on high alert for currency intervention from Japanese authorities to proop up […]
by Currency Hedger
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- 4 days ago